GM Defiers!
Inflows to spot Bitcoin ETFs is ramping up as outflows from the Grayscale Bitcoin ETF continue to fall. Roughly $1.1B flows into Bitcoin ETFs between Feb. 7 and Feb. 9, with only $234M exiting Grayscale's ETF over the same period.
In other news, Layer 2 teams are embracing a new standard designed to bolster the compatibility of smart contract execution with mainstream tech, top liquid restaking project teamed up to launch a new pool on Balancer, and Citrea is bringing zk-rollups to Bitcoin.
✍️ In today’s newsletter:
- Bitcoin ETF inflows on the rise
- Layer 2 teams embrace RIP-7212
- Swell, EtherFi, and Renzo team up on Balancer pool
- Citrea plans to debut zk-rollup on Bitcoin
🎙️The Defiant Podcast & Interviews:
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